The consumer shopping experience is increasingly dependent on mobile payments

Consumer shopping experience - mobile payment

A new Buyer PaymentsInsights Survey by Mercator Advisory Group examined this trend. Mercator Advisory Group has released the outcomes of its recent Primary Data report, Buyer PaymentsInsights – Payment Behavior: Younger Shoppers Lead a Change, showing that mobile payments has become highly critical to the consumer shopping experience. The report’s conclusions are based on Mercator’s 2020 Buyer PaymentsInsights Survey. This online survey involved the participation of 3,000 adult consumers in the United States. It was conducted before the outbreak of the pandemic in the U.S., in February 2020. It examined…

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Women plan more online and mobile shopping this holiday season

Mobile shopping this holiday season - woman holding phone with laptop

Most women believe retail will not return to normal until 2022 at the earliest, says a national study. The results of the new national “Future of Shopping Women’s Study” has shown that women intend to participate in more online and mobile shopping this holiday season. Online purchases are already up substantially over the data from May 2020, said the study. The research was conducted by DaVinci Payments. It determined that mobile shopping this holiday season won’t reflect the end of the online-turning commerce trends. The majority of the survey participants…

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Hot online commerce trends will send mobile shopping in 2020 over $314 billion

Mobile Shopping in 2020 - iPhone with US dollar bills

The pandemic’s e-buying trend is expected to make for an explosive digital holiday season. Mobile shopping in 2020 has taken off at rates far higher than expected as a result of the pandemic crisis around the world. That said, it is expected to continue to break records into the holiday season, according to an eMarketer analysis. The research indicates that smartphone-based sales will break the $314 billion mark this year. That means that sales from mobile shopping in 2020 will be over $200 billion higher than they were only four…

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Mobile shopping payment trends are shifting due to pandemic trends

Mobile shopping payment - paying via smartphone

A new Paysafe study showed that consumers are changing the way they want to pay online. The results of a new Paysafe report show that over half of consumers in the United States are shopping online due to the pandemic and mobile shopping payment preferences are shifting. Shoppers can’t access brick-and-mortar retail stores because of social and distancing regulations. Without being able to shop in-person, many consumers are looking online to a far greater extent than they had before. In fact, 54 percent of American shoppers are turning to online…

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Mobile retail shopping represents 42 percent of online sales, study

Mobile retail shopping - woman using mobile phone

Smartphones have also increased revenue for 65 percent of retailers according to the research. Mobile retail shopping is rapidly playing a growing role in the online shopping experience, and new research helps to show just how this evolution is occurring. Not only are more shoppers using smartphones to shop but retailers are earning more as a result. About 42 percent of online sales now come from mobile retail shopping sources such as smartphones, said the results of a new study commissioned by Quiq, a messaging software firm, as reported by…

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